Buying a home can be an unbelievably daunting task and saving for it equally as daunting, especially if you live in a high cost area. Most people are aware that there are loan programs that you may qualify for with his little as 3% down but 3% of $500,000 is still $15,000. This doesn’t even include the closing costs which can run between 2% – 2.5% and on a $500,000 home that can add another $10,000-$12,500. The programs I discuss in this video will help cover the down payment and also give relief for closing costs to borrowers who qualify. Most people think the days of getting into homes with no money down are over, however, there are down payment assistance programs that a buyer can use (if they qualify) that can get them in for little to no money down. I created this 11 minute video to try and simplify the programs that are the most widely used out there, so the average person could understand. In this video I explain how you can layer 3 programs CalHFA ‘s CalPlus, with My Home Assistance and ZIP (Zero Interest Program). This will give you some general information but it’s not designed for you to be able to figure out if you qualify. I suggest if you are interested in this program or you know somebody who might be interested in this program you have them call me at 949-735-4009.